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End of Financial Year Bookkeeping Checklist

The end of the financial year can be a busy and stressful time for small business owners. We have compiled a checklist to help make sure your finances are in order in readiness for 30 June. End of year bookkeeping checklist Reconcile all bank accounts to 30 June – this includes your business bank accounts,
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Single Touch Payroll, are you ready?

The ATO’s Single Touch Payroll (STP) reporting legislation comes into affect on 1st July 2018 for all businesses with 20 or more employees and then becomes mandatory for employees with 19 or less from 1st July 2019.  STP is a cloud-based reporting system which is intended to streamline the payroll reporting by sending employees salary,
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